Run away is just that.The engine revs uncontrollably and cannot be shut off.It is caused by an uncontrolled feed of fuel into the Cylinders.
Diesels keep running & revving as long as fuel and air are available to be injected or sucked into the cylinder. The governor's only purpose is to shut off the fuel supply at the set higher RPMs.
As it has been said other places, these diesels are "Oil Squeezers" & will run on any oil based fuel (or other flammables) as long as it is supplied & compressed.
Several years ago gas pipe was being unloaded & strung along a big natural gas pipeline, another piece of equiptment hit & ruptured a line & nat. gas went everywhere. Several pieces of equiptment & an ideling semi truck with diesel engines revved bigtime & a couple blew engines. When the semi's engine threw rods & busted the block, it all exploded (the job site) & a lot of stuff burned....couple guys got burned a little.
I guess it was just like squirting a really big can of ether into the air intakes & not letting go.
And it was unreal how really, really fast all this happened...from start to finish, just seconds.
ssssSSSSzzzZZZ
ZZZZZKEEERRR-BOOM!!